Financial markets

A currency trader gestures at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 9, 2020. Asian stock markets followed Wall Street higher on Thursday following gains for major U.S. tech stocks. (AP Photo/Ahn Young-joon)
July 09, 2020 - 3:52 am
BEIJING (AP) — Global stock markets followed Wall Street higher on Thursday after further gains for major U.S. tech stocks. London and Frankfurt gained at the opening while Shanghai, Tokyo and Hong Kong and Australia closed higher. U.S. stocks have recovered most of this year’s losses, helping to...
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A group of local defense force fighters drive their motorbikes during an event to inaugurate a new chapter of the group in Ouagadougou, Burkina Faso, Saturday, March 14, 2020. In an effort to combat rising jihadist violence, Burkina Faso’s military has recruited volunteers to help it fight militants. (AP Photo/Sam Mednick)
July 09, 2020 - 2:01 am
KONGOUSSI, Burkina Faso (AP) — Armed only with a knife, Issa Tamboure was no match for gun-wielding jihadists who attacked his village in northern Burkina Faso in March. So Tamboure, 63, rounded up his family — including his 13 children — and ran, eventually reaching a camp for people displaced by...
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Singapore Prime Minister and Secretary-General of the People's Action Party Lee Hsien Loong, second left, wears a face mask while talking to food vendors at a local market at Yio Chu Kang while on the campaign trail in Singapore July 3, 2020. Singaporeans go to the polls on July 10 in Southeast Asia's first election since the coronavirus pandemic began, with the health crisis and an economic recession expected to bolster Prime Minister Lee's party and extend its unbroken rule. (AP Photo/Ee Ming Toh)
July 08, 2020 - 7:56 pm
SINGAPORE (AP) — Singaporeans vote Friday in Southeast Asia’s first election since the coronavirus pandemic began, with the health crisis and a grim economy expected to bolster Prime Minister Lee Hsien Loong’s party and extend its unbroken rule. While victory seems secure for Lee’s People Action...
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Prime Minister Justin Trudeau arrives for a news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, Thursday, June 18, 2020. (Justin Tang/The Canadian Press via AP)
July 08, 2020 - 3:40 pm
OTTAWA (AP) — The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19. The amount, included in a fiscal “snapshot” the Liberal government released Wednesday, is a huge jump from the CDN$...
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FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. (AP Photo/Frank Franklin II, File)
July 08, 2020 - 3:12 pm
NEW YORK (AP) — U.S. stock indexes drifted higher on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street. The S&P 500 was 0.8% higher after erasing an earlier loss of 0.3%. Treasury yields and oil prices were also holding relatively steady. But...
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German Chancellor Angela Merkel addresses a plenary session at the European Parliament in Brussels, Wednesday, July 8, 2020. Germany has just taken over the European Union's rotating presidency, and must chaperone the 27-nation bloc through a period of deep crisis for the next six months and try to limit the economic damage inflicted by the coronavirus. (Yves Herman, Pool Photo via AP)
July 08, 2020 - 10:01 am
BRUSSELS (AP) — The coronavirus pandemic is showing the limits of “fact-denying populism,” German Chancellor Angela Merkel said Wednesday, as she urged European Union countries to quickly agree on a major economic recovery package and deprive nationalists of any opportunity to take advantage of the...
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FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08, 2020 - 2:54 am
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-...
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FILE - In this March 12, 2020, file photo, specialist Meric Greenbaum, center, works with traders on the floor of the New York Stock Exchange. U.S. stocks are dipping modestly in early trading Tuesday, July 7, 2020, as expanding coronavirus outbreaks dim hopes for a speedy recovery. (AP Photo/Richard Drew, File)
July 07, 2020 - 10:02 pm
TOKYO (AP) — Shares were mixed in Asia on Wednesday as uncertainty over the pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union’s executive arm said this year’s...
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FILE - In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland. The Silicon Valley data-mining firm Palantir Technologies says it has confidentially filed to go public, setting up what could be the biggest public stock offering of a technology company since Uber’s debut in 2019. (AP Photo/J. Scott Applewhite, File)
July 07, 2020 - 11:38 am
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year. Founded in 2004 by investors including Peter Thiel, the company works with governments, law...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)
July 06, 2020 - 11:41 pm
TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea'...
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